Tag Archives: Crimson Exploration Inc

Business, Finance, Occupation & Industry

Crimson Exploration to Present at the IPAA 2013 Oil & Gas Investment Symposium

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By Business Wirevia The Motley Fool

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Crimson Exploration to Present at the IPAA 2013 Oil & Gas Investment Symposium

HOUSTON–(BUSINESS WIRE)– Crimson Exploration Inc. (NasdaqGM:CXPO) today announced that Allan D. Keel, President and Chief Executive Officer, will present at the IPAA 2013 Oil & Gas Investment Symposium at the Sheraton New York Hotel & Towers located at 811 Seventh Avenue at 53rd Street, New York, NY 10019 on Wednesday, April 17, 2013 at 1:35 PM ET.

An audio webcast of the presentation can be accessed at http://www.investorcalendar.com/CEPage.asp?ID=170817 or by visiting the Company’s website at http://crimsonexploration.com. A copy of the presentation will be posted to the website in the “Investor Relations” section prior to the start of the Company’s presentation.

Crimson Exploration is a Houston, Texas-based independent energy company engaged in the exploitation, exploration, development and acquisition of crude oil and natural gas, primarily in the onshore Gulf Coast regions of the United States.

Additional information on Crimson Exploration Inc. is available on the Company’s website at http://crimsonexploration.com.

Crimson Exploration Inc.
E. Joseph Grady, 713-236-7400
Senior Vice President and Chief Financial Officer
or
Josh Wannarka, 713-236-7400
Manager of Investor Relations and FP&A

KEYWORDS:   United States  North America  New York  Texas

INDUSTRY KEYWORDS:

The article Crimson Exploration to Present at the IPAA 2013 Oil & Gas Investment Symposium originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Business, Finance, Occupation & Industry

Crimson Exploration Inc. Provides Woodbine and Buda Drilling Update

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By Business Wirevia The Motley Fool

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Crimson Exploration Inc. Provides Woodbine and Buda Drilling Update

HOUSTON–(BUSINESS WIRE)– Crimson Exploration Inc. (NasdaqGM: CXPO) announced today the successful completion of the Nevill-Mosley #1H (82.0% WI), its first Woodbine oil well in the 2013 capital program, at a gross initial production rate of 1,164 Boepd, or 1,021 barrels of oil, 77 barrels of natural gas liquids and 392 mcf, on a 42/64th choke. The well was drilled to a total measured depth of 15,192 feet, including a 6,041 foot lateral, and was completed using 22 stages of fracture stimulation.

Approximately 1.7 miles east of the Nevill-Mosley, Crimson drilled the Mosley B #1H well (82.8% WI), targeting the Woodbine formation, to a total measured depth of 15,366 feet, including an approximate 6,050 foot lateral. Crimson anticipates completing the well with approximately 22 stages of fracture stimulation with first production expected towards the end of April.

The drilling rig has just moved one mile to the east of the Mosley B #1H to the Payne B #1H (83.5% WI) well. The Payne B #1H, targeting the Woodbine formation, is currently drilling at 2,300 feet toward a total measured depth of 15,740 feet, including an estimated 6,600 foot lateral.

In Dimmit County, Texas, Crimson has received the drilling rig and is preparing to spud the Beeler #2H well (50.0% WI) targeting the Buda formation. The Beeler #2H will be drilled to an approximate total measured depth of 11,180 feet, including an approximate 4,000 foot lateral, with initial production rates expected in May. This test represents Crimson’s first well targeting the Buda formation.

Allan D. Keel, President and Chief Executive Officer, commented, “The initial success of the Nevill-Mosley further validates the quality of assets Crimson holds in the Woodbine formation. Since drilling our initial well in March 2012, the Mosley #1H, Crimson has reduced completed well costs by approximately 34% equating to significant additional net present value to the Company. We plan to drill at least five additional wells in the Force area in 2013 and expect to achieve continued cost and operational efficiencies. We are also excited to begin our Buda program in South Texas, which combined with continued success in Madison and Grimes counties, will lead to an increase in shareholder value.”

Crimson Exploration is a Houston, TX-based independent energy company engaged in the exploitation, exploration, development and acquisition of crude oil and natural gas, primarily in the onshore Gulf Coast regions of the United States. The Company currently owns approximately 95,000 net acres onshore in Texas, Louisiana, Colorado and Mississippi, including approximately 19,000 …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Crimson Exploration to Present at the Howard Weil 41st Annual Energy Conference

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By Business Wirevia The Motley Fool

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Crimson Exploration to Present at the Howard Weil 41 st Annual Energy Conference

HOUSTON–(BUSINESS WIRE)– Crimson Exploration Inc. (NasdaqGM:CXPO) today announced that Allan D. Keel, President and Chief Executive Officer, will present at the Howard Weil 41st Annual Energy Conference in New Orleans, Louisiana on Thursday, March 21, 2013 at 9:20am Central Daylight Time.

The presentation will not be webcast. Investors may obtain a copy of the presentation prior to the event on the Company’s website, www.crimsonexploration.com, under the “Investor Relations” tab.

Crimson Exploration is a Houston, Texas-based independent energy company engaged in the exploitation, exploration, development and acquisition of crude oil and natural gas, primarily in the onshore Gulf Coast regions of the United States. Additional information on Crimson Exploration Inc. is available on the Company’s website at http://crimsonexploration.com.

Crimson Exploration Inc.
E. Joseph Grady, 713-236-7400
Senior Vice President and Chief Financial Officer
or
Josh Wannarka, 713-236-7400
Manager of Investor Relations and FP&A

KEYWORDS:   United States  North America  Louisiana  Texas

INDUSTRY KEYWORDS:

The article Crimson Exploration to Present at the Howard Weil 41st Annual Energy Conference originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Business, Finance, Occupation & Industry

Crimson Exploration Announces Fourth Quarter and Year-End 2012 Earnings Release and Conference Call

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By Business Wirevia The Motley Fool

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Crimson Exploration Announces Fourth Quarter and Year-End 2012 Earnings Release and Conference Call Schedule

HOUSTON–(BUSINESS WIRE)– Crimson Exploration Inc. (NasdaqGM:CXPO) today announced it expects to issue its fourth quarter and year-end 2012 earnings press release after the market close on Friday, March 15, 2013. In conjunction with the release, Crimson will conduct a conference call to discuss contents of that release on Monday, March 18, 2013 at 9:30am Central Daylight Time.

Those interested in participating in the earnings conference call may do so by calling the following phone number: 888-359-3627, (International 719-325-2458) and entering the following participation code 5562645. A replay of the call will be available from Monday, March 18, 2013 at 11:30am CDT through Sunday, March 24, 2013 at 11:30pm CDT by dialing toll free 888-203-1112, (International 719-457-0820) and asking for replay ID code 5562645.

Crimson Exploration is a Houston, Texas-based independent energy company engaged in the exploitation, exploration, development and acquisition of crude oil and natural gas, primarily in the onshore Gulf Coast regions of the United States. Additional information on Crimson Exploration Inc. is available on the Company’s website at http://crimsonexploration.com.

Crimson Exploration Inc.
E. Joseph Grady, 713-236-7400
Senior Vice President and Chief Financial Officer
or
Josh Wannarka, 713-236-7400
Manager of Investor Relations and FP&A

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Crimson Exploration Announces Fourth Quarter and Year-End 2012 Earnings Release and Conference Call Schedule originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance